One of the things that interested me as I listened to a seminar for debt collections attorneys recently is that the speaker admitted she would personally sue the individual who signed the contract for the business debt even if it was clear that the person was only signing on behalf of the company.  She knows that most people don't defend themselves and she will get a judgment against them even though she should not.  She knows that once she gets the judgment, she can pressure the individual into paying the company's debt by threatening to garnish his wages or attach his bank accounts.  You can stop this from happening to you by calling a lawyer and asking about your rights.